gas
Germany faces $240 billion hit if Russian gas is cut off
World
April 18, 2022
Germany faces $240 billion hit if Russian gas is cut off
London (CNN Business) – Germany would plunge into a deep recession if its supply of Russian natural gas was suddenly…
Eni discovers new petroleum well in western desert
Business
April 15, 2022
Eni discovers new petroleum well in western desert
The Italian company, Eni, announced the discovery of a new petroleum well in the concessions of the Mleiha, western desert.…
US oil sinks below $100 after Russia says it will ‘drastically reduce’ assault on Kyiv
World
March 29, 2022
US oil sinks below $100 after Russia says it will ‘drastically reduce’ assault on Kyiv
New York (CNN Business) – Oil prices fell sharply on Tuesday after Russia indicated it will dial back its assault…
Gas hits $4 a gallon for the first time since 2008
World
March 7, 2022
Gas hits $4 a gallon for the first time since 2008
New York (CNN Business) – The average price for a gallon of regular gas hit $4 Sunday, the highest level…
Higher food prices and slumping trade. How the war in Ukraine could hit Africa
World
March 6, 2022
Higher food prices and slumping trade. How the war in Ukraine could hit Africa
Abuja, Nigeria (CNN Business) – As Russian troops tear through Ukraine, swathes of Africa are gearing up to bear the…
Turn down the heat to stop Putin? Europe wrestles with its Russian gas addiction
World
March 5, 2022
Turn down the heat to stop Putin? Europe wrestles with its Russian gas addiction
London (CNN Business) – When you turn on the heating in your home, you may not think much about where…
Egypt has achieved an impressive progress in benefiting from gas assets: IEA head
Business
February 14, 2022
Egypt has achieved an impressive progress in benefiting from gas assets: IEA head
The Executive Director of the International Energy Agency Fatih Birol said that what Egypt has achieved during the past years…
Turkey jacks up electricity, gas prices for New Year
Middle East
January 2, 2022
Turkey jacks up electricity, gas prices for New Year
ISTANBUL, Jan 1 (Reuters) – Turkey sharply raised electricity prices by 50-100 percent for households and companies on Saturday, and…
Myanmar public urges gas sanctions to stop military funding
World
December 15, 2021
Myanmar public urges gas sanctions to stop military funding
JAKARTA, Indonesia (AP) — The young woman in Myanmar decided to speak out when she realized that money from the…
Lebanese PM says he asked Egypt for support to generate electricity
Middle East
December 10, 2021
Lebanese PM says he asked Egypt for support to generate electricity
Lebanese Prime Minister Najib Mikati speaks at an economy conference, in Beirut, Lebanon November 8, 2021. Dalati Nohra/Handout via REUTERS…